Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
Aug. 31, 2013
Current assets    
Cash and cash equivalents $ 155,017 $ 103,986
Accounts receivable, net 233,951 219,075
Inventories, net 164,994 142,549
Deferred income taxes 16,326 18,796
Other current assets 30,116 28,228
Assets of discontinued operations 0 272,606
Total current assets 600,404 785,240
Property, plant and equipment    
Land, buildings and improvements 54,575 52,669
Machinery and equipment 327,628 305,200
Gross property, plant and equipment 382,203 357,869
Less: Accumulated depreciation (174,024) (156,373)
Property, plant and equipment, net 208,179 201,496
Goodwill 749,782 734,952
Other intangibles, net 372,034 376,692
Other long-term assets 28,735 20,952
Total assets 1,959,134 2,119,332
Current liabilities    
Trade accounts payable 153,726 154,049
Accrued compensation and benefits 45,824 43,800
Current maturities of long-term debt 2,250 0
Income taxes payable 32,849 14,014
Other current liabilities 63,646 56,899
Liabilities of discontinued operations 0 53,080
Total current liabilities 298,295 321,842
Long-term debt, less current maturities 387,750 515,000
Deferred income taxes 95,114 115,865
Pension and postretirement benefit liabilities 12,283 20,698
Other long-term liabilities 64,591 65,660
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 78,169,316 and 77,001,144 shares, respectively 15,633 15,399
Additional paid-in capital 80,622 49,758
Treasury stock, at cost, 7,000,000 and 3,983,513 shares, respectively (214,010) (104,915)
Retained earnings 1,266,116 1,188,685
Accumulated other comprehensive loss (47,260) (68,660)
Stock held in trust (4,123) (3,124)
Deferred compensation liability 4,123 3,124
Total shareholders’ equity 1,101,101 1,080,267
Total liabilities and shareholders’ equity $ 1,959,134 $ 2,119,332